Cost of Living in Trinidad, CO

Population 8,309 · Colorado · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Trinidad sits on the smaller end of the Colorado city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 75 miles south of Pueblo, Trinidad is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 15% lower than Pueblo's $231,000.

Cost Overview

Housing 65
Rent 68

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Trinidad

The median home value in Trinidad is $196,900 — 35% below the national median of $305,000. Median rent runs $894/month, 32% lower than the national median of $1,314/month. The median household income of $50,792/year is 32% lower than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. The climate averages highs of 68.2°F and lows of 37.5°F. Overall, Trinidad has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$196,900
35% below avg
Zillow Home Value
$226,738
Zillow ZHVI
Median Rent
$894/mo
32% below avg
Price-to-Rent Ratio
18.4x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 63.7%
Renter-occupied 36.3%

💰 Estimated Monthly Budget

Rent median rent
$894
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,508/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
16.6 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.0%

Commute Mode

Drove alone
66.4%
Carpooled
17.7%
Public transit
0.1%
Walked
3.5%
Bicycle
1.3%
Work from home
8.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$50,792
32% below avg
Per Capita Income
$29,767
Unemployment Rate
6.6%
36% above avg
Poverty Rate
18.5%
Labor Force Participation
57.7%

🎓 Education

Bachelor's degree+ 10.4%
Graduate degree 5.5%

👥 Demographics

Median Age 42
Male median age 41.2
Female median age 43.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.2°F
Avg Low
37.5°F
Annual Precip
12.7"
10° 33° 55° 78° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485160667686908881695747
Low °F 192128354454605851372618
Precip" 0.380.380.811.281.481.192.131.921.100.960.590.43

Frequently Asked Questions

What is the cost of living in Trinidad, CO?

Trinidad has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in Trinidad, CO?

The median gross rent in Trinidad is $894 per month based on 2023 Census data.

What is the average home price in Trinidad?

The median home value in Trinidad is $196,900 according to Zillow and Census data.

What is the median income in Trinidad?

The median household income in Trinidad is $50,792 per year (2023 ACS 5-year estimates).

What is the sales tax in Trinidad, CO?

The combined state and local sales tax rate in Trinidad is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Trinidad, CO affordable?

Yes, Trinidad is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

What is the weather like in Trinidad?

Trinidad has average high temperatures of 68.2°F and average lows of 37.5°F. Annual precipitation is 12.7". Data from NOAA 1991–2020 Climate Normals.

Trinidad at a Glance

Population
8,309
Median Income
$50,792
Home Value
$196,900
Median Rent
$894/mo
Unemployment
6.6%
Avg High Temp
68.2°F
Sales Tax
7.8%
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